Kan. Admin. Regs. § 28-15-62
Current through Register Vol. 43, No. 24, June 13, 2024
As part of the loan application, the loan applicant shall demonstrate and certify to the secretary that the applicant has the financial capability to repay the loan and to cover the costs of operation and maintenance of the entire public water supply system of which the proposed project is an integral part. This financial assessment shall cover the life of the loan obligation and consider, at a minimum, changes in economic and population growth, depreciation, existing debt obligations, revenues, project costs, and effects on user charge rates.
Kan. Admin. Regs. § 28-15-62